YouTube episode (Ramit Sethi) introducing Justin (40) and Deepika (32), a couple with high income who are trapped in revolving credit card debt. The episode focuses on their money psychology, lack of shared financial vision, and the host’s intent to explore changes to their money habits and strategy to help them live a ‘rich life.’
On today's episode, meet Justin and Deepika.
I'm thinking more about the future, and I think Justin is very much thinking about now.
Justin is 40. Deepika is 32. And they're caught in a cycle of credit card debt. Even though they have a high income.
We've looked at our credit card statements time and time again. We cannot figure out what is causing the revolving cycle of debt.
They both struggle.
With their money psychology.
It's like the second you get a dollar, it's, oh, my God, it's a dollar. Oh, what can we do with this dollar? Yeah, that one dollar brought us, and it was this fleeting joy.
And they don't have a shared vision.
For their money, which is preventing them from living their rich life.
For the first few years of our marriage, we weren't allowed to have dreams.
Can they kick their old money habits.
To the curb and.
Adopt a different strategy for managing their money?
Maybe the answer is so obvious, it's right in front of me. But we have not been able to figure out what the change is that we need to make.